Month in Review - October 2021

Blog header

October Commentary

Global stock markets had a sharp rebound in October, after selling off in September, with the TSX Composite rising 5.0% and the S&P500 (in CAD) rising 4.5%. The Canadian Bond Universe continued to descend, falling another 1.2%, with the Index now down 5.2% YTD. As highlighted many times, with interest rates so low, holding bonds in portfolios continues to be challenging and detrimental to traditional balanced portfolios that have 40% of the portfolio allocated to bonds for safety.

 

Read More: Month in Review - October 2021

Protecting & Growing Your Wealth and Future

Follow Us:

Woodstock Office

112 Springbank Avenue

Woodstock, ON N4S 7P8

Phone: 519-539-8212

Toll-Free: 1-888-539-8212

Find us on Google Map

Burlington Office

200-5045 South Service Road

Burlington, ON L7L 5Y7

Phone: 905-319-8977

Toll-Free: 1-844-319-8977

Find us on Google Map